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Month: November 2024

Knowledge Innovations > 2024 > November

US RegTech Deal Activity rises by 20% QoQ

  • November 20, 2024
  • Theodora Kwening
  • FinTech News, Insights
In Q3 2024, the US RegTech sector experienced substantial declines in both deal activity and funding compared to the same quarter last year. Only 71 deals were recorded in...
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cryptocurrency

Crypto Transactions Surge in Spain’s Real Estate Market

  • November 19, 2024
  • Theodora Kwening
  • Cryptocurrency
According to Enlace, a real estate tech company, the number of real estate transactions involving some form of cryptocurrency as payment has surged this year. The company found that...
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LayerZero Enables PayPal USD Stablecoin Transfers Between Ethereum and Solana

  • November 15, 2024
  • Theodora Kwening
  • Blockchain
The PayPal USD (PYUSD) stablecoin now uses LayerZero’s Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and...
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Market participants urge ECB to extend wholesale DLT trials

  • November 14, 2024
  • Theodora Kwening
  • Digital Currency
For the last six months the European Central Bank (ECB) has been orchestrating wholesale DLT settlement trials using central bank money. More than 70 institutions have taken part, with...
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VentureX pioneers the Future of Cryptocurrency Investment with AI-Powered Blockchain Solutions

  • November 11, 2024
  • Theodora Kwening
  • Artificial Intelligence, Blockchain
VentureX, a venture capital firm established in 2023, is reshaping cryptocurrency investment in Europe through the launch of its new AI-powered blockchain investment platform. Leveraging cutting-edge technology, VentureX supports...
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Ghanaian Retail-tech Startup Tendo acquires counterpart Shopa to boost Supplychain Infrastructure

  • November 8, 2024
  • Theodora Kwening
  • FinTech News
Ghanaian retail-tech startup Tendo Technologies has announced its strategic acquisition of counterpart Shopa in deal aimed at revolutionising supply chain infrastructure across Africa. Founded in 2021 by Felix Manford,...
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blockchain

Zanzibar prioritizes financial inclusion, IDV in blockchain sandbox

  • November 7, 2024
  • Theodora Kwening
  • Blockchain
The government of Zanzibar has launched a national blockchain sandbox for tech startups for the development of solutions in different areas including financial inclusion, identity verification and decentralized infrastructure....
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UK Pension Scheme Embraces Bitcoin

  • November 5, 2024
  • Theodora Kwening
  • Cryptocurrency
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Cartwright, a pension...
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Bank for International Settlements to leave China-backed central bank digital currency project

  • November 4, 2024
  • Theodora Kwening
  • Digital Currency
The Bank for International Settlements said on Thursday it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by China will evolve at...
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Young African Entrepreneurs invited to apply for 2025 Anzisha Prize

  • November 1, 2024
  • Theodora Kwening
  • Opportunities
Young African entrepreneurs have been invited to apply for the 2025 edition of the Anzisha Prize, which offers access to benefits, services, and prize money. The Anzisha Prize is...
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